China's housing prices fell accelerated in August, new housing and second -hand housing prices in various cities in various tier cities have expanded from the previous month, and the real estate market continues to pressure.

The data released by the official website of the National Bureau of Statistics on Friday (September 15) shows that in August, 70 Chinese and large cities (excluding affordable housing) new commercial housing prices fell by 0.29%month -on -month, in JulyFalling 0.23%; second -hand residential prices fell 0.48%month -on -month, the largest decline since 2014.

Data show that the sales price of newly -built commercial housing in first -tier cities in August changed from flat to 0.2%from the previous month to 0.2%; the price of second -tier cities decreased by 0.2%month -on -month, which was the same as last month.The decrease was 0.4%, and the decrease was 0.1 percentage points from the previous month.

In terms of second -hand housing, the sales prices of second -hand residential houses in first -tier cities in August decreased by 0.2%month -on -month, and the decrease was narrowed by 0.6 percentage points from the previous month.The decline is the same as last month.

The data also shows that the sales price of new commercial housing in first -tier cities rose 0.6%year -on -year, and the increase was 0.4 percentage points from the previous month;A percentage point; the sales price of new commercial housing in third -tier cities decreased by 1.4%year -on -year, and the decrease was narrowed by 0.1 percentage points from the previous month.

On the other hand, the sales prices of second -hand housing in first- and second -tier cities decreased by 1.6%and 3.0%year -on -year, respectively, and the decrease of 0.2 and 0.3 percentage points from the previous month;The decline is the same as last month.